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our economy is teetering. what would happen if our economy collapsed? who is to say what would happen? look at l.a. riots, everything that happened. things happen in this world. >> then there's a reality check. >> this is reality check. >> back in the 18th century, right? let me explain one other thing to you. if your government does turn tyrannical they have 5,000 nuclear war heads at their disposal to come after you and your guns. let's wake up and smell the coffee. >> you know, if they want to drop a bomb in tennessee -- >> let me bring in james fox. >> that's just ludicrous. >> we seem to be focusing too much just on ar-15 and assault weapons. a small percentage of homicides are committed with assault weapons. >> exactly. exactly. >> wait. let me respond to that. because the reason that i've been focused on that, in particular, i'm aware it's a small percentage of the killings in america. last four shootings in america, aurora, oregon shopping mall, firemen lured to their deaths before christmas and then sandy hook, all of those have involved an ar-
our economy is teetering. what would happen if our economy collapsed? who is to say what would happen? look at l.a. riots, everything that happened. things happen in this world. >> then there's a reality check. >> this is reality check. >> back in the 18th century, right? let me explain one other thing to you. if your government does turn tyrannical they have 5,000 nuclear war heads at their disposal to come after you and your guns. let's wake up and smell the coffee. >>...
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would also provide immediate relief to small businesses and the federal government and all parts of the economy. for example, former defense secretary robert gates has warned the rising -- he has warned of rising military health care costs for years. >> sharply rising health care costs are consuming an ever-larger share of this department. growing from 19 billion in 2001. >> military health care costs have gone up 300% in the past decade. 2012 was the first year since 1995 military personnel saw an increase in health care premiums. now, there are two things republicans love, the military and reducing the deficit. republican should be thrilled with the public option. how can you make a hundred billion dollar mistake? who's doing the math? will it save or won't it save? let's turn to the author of the bill, jan schakowsky of illinois. >> i'm so happy that wendy is doing well. >> thank you. we appreciated your phone calls very much. congresswoman, the math? >> the estimate is it's $104 billion over 10 years. it saves the government money. in terms of the subsidies, in the exchanges, it would be on
would also provide immediate relief to small businesses and the federal government and all parts of the economy. for example, former defense secretary robert gates has warned the rising -- he has warned of rising military health care costs for years. >> sharply rising health care costs are consuming an ever-larger share of this department. growing from 19 billion in 2001. >> military health care costs have gone up 300% in the past decade. 2012 was the first year since 1995 military...
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fuel economy has been a good selling point in the corvette. >> final question, does winning these top honors help auto manufacturers sell these cars? >> you know, that's always a big question. the bottom line is yes, they do. they do help auto dealers. it is no guarantee. we have certain seen cars win these awards in the past and then just fail in the marketplace, just for whatever reason they didn't catch on with customers. it helps, but it's certainly not enough to do all about itself. >> peter from cnn money.com. thank you so much. >>> a talk back question for you, what's the best way to honor the newtown victims. you can face book me at facebook.com/carolcnn. >>> we want to take you to baltimore now, it is the johns hopkins summit on gun control. mayor michael bloomberg is speaking. >> including private sales at gun shows and online. these private sales now account for more than 40% of all gun sales nationally, which means that in 2012 alone, there were more than 6 million gun sales that happened with no background checks. many of those guns, being sold are handguns which are used
fuel economy has been a good selling point in the corvette. >> final question, does winning these top honors help auto manufacturers sell these cars? >> you know, that's always a big question. the bottom line is yes, they do. they do help auto dealers. it is no guarantee. we have certain seen cars win these awards in the past and then just fail in the marketplace, just for whatever reason they didn't catch on with customers. it helps, but it's certainly not enough to do all about...
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. lease for $169 per month. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. . >> welcome back. former south carolina governor mark sanford is hoping to make a come back. it is his first run for office since he made scandalous headlines when he disappeared for days with his mistress saying he was hiking in the appalachian trails and he was in argentina. in charleston, south carolina. what kind of support is he getting and what is jenny sanford saying about all of this? >> all of that will be in this report. we have all of that for you. he is getting a lot of support he said for people urging him to run. he told our affiliate that he is both fearful and excited
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. lease for $169 per month. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ....
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he can work on the economy and do something about gun violence. i don't think americans wanted to sit by. they want background checks. they want their children to be safe and keep their gun rights, too. all of that can be done with commonsense proposals, making sure people have their guns registered one way or the other. a lot of republican s and conservative democrats are standing in front of that because they want to make money with the gun industry instead of caring what the american people want. >> thank you so much for the interesting conversation. >>> is walmart's $50 billion pledge to build american-made products just bait and switch? some say it's a ploy to make you forget that the giant retailer also sells assault rifles. . uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! yeah, this is pretty good. [ male announcer ] over a third of a day's fiber. fiber one. stress sweat is different than ordinary sweat. it smells worse. get 4x the protection against stress sweat. introducing new secret clinical strength
he can work on the economy and do something about gun violence. i don't think americans wanted to sit by. they want background checks. they want their children to be safe and keep their gun rights, too. all of that can be done with commonsense proposals, making sure people have their guns registered one way or the other. a lot of republican s and conservative democrats are standing in front of that because they want to make money with the gun industry instead of caring what the american people...
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i personally believe the presidents that responsibility to protect the economy. and he can't mess around with these republicans who are threatening not to pay the bills of the country. we're not talking about spending. we're talking about paying bills that -- money that has already been spent that we're obligated to pay. there would be a ripple effect globally that would be insurmountable if we don't go down the road of paying the bills. i think the president has to draw the line there and be strong. he's got the people with him. that's the other thing. i think it's important that we focus on that. >> certainly political capital spent from getting re-elected to a second term. gregory, i want to show everybody the letter that ed mentioned that was sent to president obama on friday. in part saying, we believe you must be willing to take any lawful steps to ensure that america does not blake its promises and trigger a global economic crisis. without congressional approval, if necessary. basically recommending the 14th amendment. >> i think two important points here.
i personally believe the presidents that responsibility to protect the economy. and he can't mess around with these republicans who are threatening not to pay the bills of the country. we're not talking about spending. we're talking about paying bills that -- money that has already been spent that we're obligated to pay. there would be a ripple effect globally that would be insurmountable if we don't go down the road of paying the bills. i think the president has to draw the line there and be...
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they think that would be very bad for the economy and for everyone in the economy. they worry about interest rates going up and they worry about the impact on our deficit. because when interest rates go up, that means the deficit will go up. so we make the problem worse by taking this route if we go down this pathway. >> i want to throw three terms at you that we've had to stomach out in america. debate over the fiscal cliff, the debate over the debt ceiling and the budget show dunn. all three of these very serious. but which is the most serious. >> the debt ceiling could do damage to our countries for decades to come if we hit it and don't expect the problem. this is the most dangerous thing. this is almost a nuclear option. this is really playing with very dangerous things. and one little mistake could be devastating to our country. >> and yet you still come on day after day and smile with me. thank you. always good to see you. >>> by the way, i just want to remind you if you're doing the math, the treasury says it might come up short in its payments as soon as fe
they think that would be very bad for the economy and for everyone in the economy. they worry about interest rates going up and they worry about the impact on our deficit. because when interest rates go up, that means the deficit will go up. so we make the problem worse by taking this route if we go down this pathway. >> i want to throw three terms at you that we've had to stomach out in america. debate over the fiscal cliff, the debate over the debt ceiling and the budget show dunn. all...
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how many conservatives truly believe their tactics pose no risk whatsoever to the economy, particularly given what happened the last time they took the debt ceiling hostage? >> look, what heritage put out today is drivel. a transparent attempt -- >> drivel, this is the considered view of an important organization. >> yeah, whose president is jim demint. i don't take it all that seriously. >> okay. >> what they're saying is, well, the government could pay the interest on its bonds, but you could then cut everything else, social security, medicare, education. what they're ignoring is the fact that you would shake the confidence of markets all over the world with unpredictable consequences. this could be of the order of lehman brothers in 2008. john boehner actually knows this. he said the other day that a default would be a financial disaster, and he's taking his folks to their retreat, their weekend retreat somewhere in right wing fantasy land and he has a power point -- >> i believe it's in virginia so please be respectful of that state. >> i love that state. i think there's going to be
how many conservatives truly believe their tactics pose no risk whatsoever to the economy, particularly given what happened the last time they took the debt ceiling hostage? >> look, what heritage put out today is drivel. a transparent attempt -- >> drivel, this is the considered view of an important organization. >> yeah, whose president is jim demint. i don't take it all that seriously. >> okay. >> what they're saying is, well, the government could pay the...
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they pushed the economy to the edge of the fiscal cliff and they threatened to make the u.s. go into default or shut down the government if they don't get policy concessions. they fiercely oppose potential picks for obama's cabinet from susan rice, of course, to people who withdrew to people who had strong gop support up until they were affiliated with president obama like chuck hagel and jack lew and republicans delayed 85% of the planned relief funding for hurricane sandy. that, of course, drew a strong rebuke from republican governor chris christie. this is not politics devoted to a competing vision. this is politics devoted to digs corruption and obstruction, and those recent fights i mentioned don't even include the explosion of minority obstruction in the u.s. senate. the filibuster has been used against more of obama's legislation than any president in history. the bottom line is that the gop is exploiting what i think is a hole in our democracy. can you lose elections and still get your way now if you don't care about responsibly governing. of course, it's hard to get
they pushed the economy to the edge of the fiscal cliff and they threatened to make the u.s. go into default or shut down the government if they don't get policy concessions. they fiercely oppose potential picks for obama's cabinet from susan rice, of course, to people who withdrew to people who had strong gop support up until they were affiliated with president obama like chuck hagel and jack lew and republicans delayed 85% of the planned relief funding for hurricane sandy. that, of course,...
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maybe your economy is tanking. maybe it isn't. but a lot of people on wall street have reason to believe that it is. panic. today, as he kicks off his inauguration weekend, president obama was given a great present by the vix. this is the present that vix gave to barack obama today to celebrate his inauguration as a second-term president of the united states. look. happy inauguration, mr. president. things are kind of okay. in fact, today's low vix is the lowest vix since the spring of 2007. that's vix going down. vix is low. fear is low. also for the record, the dow jones hit a five-year high today. maze mazletov mr. president. eric cantore telling the world, quote, next week we will authorize a three-month temporary debt ceiling increase. that was the announcement from the majority leader of the house republicans announcing they are giving up on what they had been saying for months was their plan, to not approve an increase in the debt ceiling to thereby push the country again into a self-imposed economic crisis and threat of de
maybe your economy is tanking. maybe it isn't. but a lot of people on wall street have reason to believe that it is. panic. today, as he kicks off his inauguration weekend, president obama was given a great present by the vix. this is the present that vix gave to barack obama today to celebrate his inauguration as a second-term president of the united states. look. happy inauguration, mr. president. things are kind of okay. in fact, today's low vix is the lowest vix since the spring of 2007....
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they're part of the reason that this economy works. you know, in new york, you go to the finest french restaurant and you're going to find that the chef may not be french. he probably is south of the border. but not the border between, you know, france and some other country. it's a border -- south of the border here in the united states. it's part of the fabric of american society and the question is, isn't it about time that this country deal with 11 million people who have been here for decades and who aren't going anywhere in the near future? not going to self deport. mitt romney learned that lesson 6th of november. deal with it in a humane position and both sides have to sit down and agree to what they can agree to. >> we'll see what the comprehensive proposal or bill will be if this report is accurate. the president is moving forward quickly on it. thank you very much, jose. see you soon. >> thank you, tamron. >>> we'll be right back. if you have high blood pressure and get a cold get coricidin hbp. the number one pharmacist reco
they're part of the reason that this economy works. you know, in new york, you go to the finest french restaurant and you're going to find that the chef may not be french. he probably is south of the border. but not the border between, you know, france and some other country. it's a border -- south of the border here in the united states. it's part of the fabric of american society and the question is, isn't it about time that this country deal with 11 million people who have been here for...
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clearly they do that, but these are the things you want to built towards the 21st century economy. to say it's pork, to say it's just relief is foolish when we're really talking about how we get to a 21st century economy. >> now, a lot of us were shocked to see what happened in lower manhattan with the subways, and, you know, we know the affect of salt water on the subways, but the fact that the subway says could be flooded as they were, that's just one example, but elsewhere we see hong kong, the netherlands, singapore now making efforts. what do we need to learn about our electrical systems, about our transportation systems, and about what to do especially as climate change is going to affect places that are as vulnerable as lower manhattan? >> well, the subway system actually lifted some of the engines because we had 24 hours or 48 hours to actually prepare for the onslaught of this storm, but away we're seeing around the world and what we're seeing and recommending here is a series of things that would have inflatable tubes in the tunnels, would have automatic vent closures tha
clearly they do that, but these are the things you want to built towards the 21st century economy. to say it's pork, to say it's just relief is foolish when we're really talking about how we get to a 21st century economy. >> now, a lot of us were shocked to see what happened in lower manhattan with the subways, and, you know, we know the affect of salt water on the subways, but the fact that the subway says could be flooded as they were, that's just one example, but elsewhere we see hong...
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he had one of the worst economies in many, many years. he had all kinds of catastrophes and people forget about the bp spill, forget about the economy, they forget about all the jobs we were losing, forget about the unemployment rate at the time he was running for office. but yet and still -- and don't forget voter suppression, voter suppression, all kinds of efforts to strike out early voting, and yet and still he still had a tremendous victory. and i think that was reaffirming. it really was because i think it made a lot of people feel that, first of all, americans got it, they understood what he had gone through, they wanted to reward him for his effort, but more important than that, martin, they saw where he was going, and it wasn't where they were, where they are. they saw where they were going and that's very significant. >> and so you think it was about the sense of his determination and aspiration in a particular direction that drove this campaign. >> no doubt about it. they were inspired by his aspirations. it's not always you ge
he had one of the worst economies in many, many years. he had all kinds of catastrophes and people forget about the bp spill, forget about the economy, they forget about all the jobs we were losing, forget about the unemployment rate at the time he was running for office. but yet and still -- and don't forget voter suppression, voter suppression, all kinds of efforts to strike out early voting, and yet and still he still had a tremendous victory. and i think that was reaffirming. it really was...
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economy. >> where is the tipping point? i don't know where it is, but when it comes, going to be so swift and so savage. >> reporter: obama's plan proposes $360 billion in cuts to medicaid, medicare and other health programs over the next decade. but because costs in those programs are rising fast, the debt would be $6.4 trillion higher in 10 years. the president's budget also proposes cuts to discretionary and mandatory spending that would save $737 billion over a decade. military spending would be reduced, saving $487 billion. the fiscal cliff bill that congress passed on new year's day would also reduce projected deficits somewhat. higher taxes on households making above $450,000 and other tax increases will raise an additional $600 billion in revenue by 2022. but that's not enough. and as democrats and republicans gear up over the next few months to debate spending cuts, debt limits and the federal budget, there still is not a credible plan out there that puts a serious dent in the debt. but douglas durst still holds ou
economy. >> where is the tipping point? i don't know where it is, but when it comes, going to be so swift and so savage. >> reporter: obama's plan proposes $360 billion in cuts to medicaid, medicare and other health programs over the next decade. but because costs in those programs are rising fast, the debt would be $6.4 trillion higher in 10 years. the president's budget also proposes cuts to discretionary and mandatory spending that would save $737 billion over a decade. military...
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but they will not collect a ransom in exchange for not crashing the american economy. >> also, need to tell you the president did speak about his gun violence effort. he's had the package put together by the vice president is on his desk today. and he will talk about it a little later on this week. want to bring in two people here, ali velshi with me from new york, and gloria borger there in our nation's capital, to you both welcome. ali, it has been more than a year since that whole previous debt limit debacle. and i know you are saying, especially comparing this to what we just saw on new year's day with the fiscal cliff, this is going to be much, much worse, much bigger deal. talk to me about what we're debating or as the president puts it not debating? >> what we're debating or not debating is the idea that the debt ceiling in the united states is a very unusual tool, only one other country has it. and it is because what used to happen is whenever the government needed to spend money, particularly when you're in a deficit, the treasury of the united states would ha
but they will not collect a ransom in exchange for not crashing the american economy. >> also, need to tell you the president did speak about his gun violence effort. he's had the package put together by the vice president is on his desk today. and he will talk about it a little later on this week. want to bring in two people here, ali velshi with me from new york, and gloria borger there in our nation's capital, to you both welcome. ali, it has been more than a year since that whole...
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the economy was struggling. and he did not give a speech that was designed to say, heal the nation's wounds and bring the nation together. he gave a surprisingly polarizing speech saying we have a ways to go. we have got a -- it's not about more for those who already have much. it's about helping those who have nothing. it was called the one-third of the nation speech, because he pointed out, look, we are not at the promised land, i see a nation that has a long way to go. do we quit now. i expect actually, look barack obama's main goal is to democratic house in two years. unless he does that, he will not legislatively anything that he wants. so, if that is -- we are going to see a test of that in this speech and we will see a test of that in the first few days of the administration. if the agenda is polarizing, then we see himming looking at 2015. >> van, do not go too far, when we come back, a rare look inside a place few people have ever seen before. an historic part of the u.s. capitol, stand by. ♪ [ male a
the economy was struggling. and he did not give a speech that was designed to say, heal the nation's wounds and bring the nation together. he gave a surprisingly polarizing speech saying we have a ways to go. we have got a -- it's not about more for those who already have much. it's about helping those who have nothing. it was called the one-third of the nation speech, because he pointed out, look, we are not at the promised land, i see a nation that has a long way to go. do we quit now. i...
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the problem is the toddlers could topple the economy. >> exactly. well, that's the whole issue here, to what degree are they able to bring the economy down. will john boehner at the end of the day have to do what he did with the tax bill, which is basically cede control of the house more or less to the democrats and have most of his party vote against something but allow a vote to come up that will let democrats and nancy pelosi yet again rescue the day. >> okay, jared. i want to play you something the president said on monday. you referenced it yourself. take a listen. >> they will not collect or ransom an exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. >> jared, i put it to you, do they not realize this fight isn't just hurting the economy. it's also helping this president look like the only grown-up in washington. >> i don't think they're calculus on this stuff is as rational as your question suggests, of course. but, again, if you actually get out of this beltway, and i
the problem is the toddlers could topple the economy. >> exactly. well, that's the whole issue here, to what degree are they able to bring the economy down. will john boehner at the end of the day have to do what he did with the tax bill, which is basically cede control of the house more or less to the democrats and have most of his party vote against something but allow a vote to come up that will let democrats and nancy pelosi yet again rescue the day. >> okay, jared. i want to...
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and it begins to discolor and distort your very economy. sadly enough, that's where we're headed. >> do you all agree that the extremes on both parties, the right and left, are actually the ones who run the congress right now? start with you, senator. >> there's quite a bit of extremism. i don't need to tell you that, joe. there's very few of us left in the middle. the so-called middle, if you will, has been sh ink aring, shrinking and shrinking. let's talk about follow the money. a lot of the people are on the far left or far right of the extremes of both ends. that's where people get all excited, get involved. either directly or their resources, their money behind in what they believe in. sometimes it draws them further apart. tom brokaw basically says that 75% of all of our congressional districts are bulletproof. so if you're there, and you've already established yourself, whether you're on the right or left, you're pretty well solid. so you only have to play to a certain core. and that's not healthy. and so a lot of changes need to be
and it begins to discolor and distort your very economy. sadly enough, that's where we're headed. >> do you all agree that the extremes on both parties, the right and left, are actually the ones who run the congress right now? start with you, senator. >> there's quite a bit of extremism. i don't need to tell you that, joe. there's very few of us left in the middle. the so-called middle, if you will, has been sh ink aring, shrinking and shrinking. let's talk about follow the money. a...
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south carolina has a pork-based economy. your state had no problem accepting aid after hugo and gafton. turns out there's republican officials in the northeast and they would like a word with you folks. >> to my colleagues who are from states with disasters recently who decided we need change the rules of the game, shame on you. >> new jersey does not expect anything more than what was done for louisiana, alabama and mississippi in katrina. if they want to make new rules about disaster, well, they picked the wrong state to make the new rules with. >> jon: my state. [cheers and applause] nice state you representing. be a real shame fit ended upping like new delaware. you never heard of new delaware? that's right. what is the hold up? what is the pork? >> there's stuff for alaska fisheries. there's things for the kennedy space center. there's the roof on the smithsonian. job training. >> jon: back up. there's no roof on the smithsonian. it's going to rain on archie bunker's chair. congress shouldn't have to go through this to
south carolina has a pork-based economy. your state had no problem accepting aid after hugo and gafton. turns out there's republican officials in the northeast and they would like a word with you folks. >> to my colleagues who are from states with disasters recently who decided we need change the rules of the game, shame on you. >> new jersey does not expect anything more than what was done for louisiana, alabama and mississippi in katrina. if they want to make new rules about...
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think is the most important problem facing the country, this was an open ended question at the top, economy in general at 21%, goes down to the federal budget deficit, dissatisfaction with government, unemployment, taxes, all the way at the bottom is gun. >> the web video which targets basically the president's children, who have secret service protection, as all children of presidents. over the line? >> based on this poll, he should have been apologizing for those children to breaking their piggy banks to pay for the national debt. that's what americans are concerned about. >> i'm asking you about the web video. >> because his children -- >> which children? >> children he had there on display, because his children, his own children, are well protected. joe biden opened up by saying that schools should be a sanctuary. well, he must have this confused, because the president's girls do go to a sanctuary, well-armed there, but most american kids are not protected at all. >> you don't think the president's children should be off limits? >> i think she should be protected and i think our childre
think is the most important problem facing the country, this was an open ended question at the top, economy in general at 21%, goes down to the federal budget deficit, dissatisfaction with government, unemployment, taxes, all the way at the bottom is gun. >> the web video which targets basically the president's children, who have secret service protection, as all children of presidents. over the line? >> based on this poll, he should have been apologizing for those children to...
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economy was a huge problem. of course, it hasn't yet resulted in higher interest rates. a lot of people might say, look, who cares? let's be complacent. let's not worry about another downgrade. who cares? do people get it, in washington, that's it's important? >> it almost seems to be an afterthought in all of the chest thumping and bargaining, no one is thinking about it because the short-term impact of a default would be extraordinary. maybe we shouldn't call this the debt ceiling at all. maybe we should change it the downgrade ceiling because this game of chicken is sick. >> sometimes semantics can make all the difference. >>> breaking news. "usa today" is reporting that lance armstrong has confessed to using performance enhancing drugs. i am looking at just rapped with lance armstrong, 2 1/2 hours. he came ready. what he did tell her? >> he confessed to doping in his cycling career. the interview just wrapped. and there is a confidentiality agreement about the show. it won't air until thursday. the plan all along was to use the venue to confess. make an admission abo
economy was a huge problem. of course, it hasn't yet resulted in higher interest rates. a lot of people might say, look, who cares? let's be complacent. let's not worry about another downgrade. who cares? do people get it, in washington, that's it's important? >> it almost seems to be an afterthought in all of the chest thumping and bargaining, no one is thinking about it because the short-term impact of a default would be extraordinary. maybe we shouldn't call this the debt ceiling at...
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economy was a huge problem. of course, it hasn't yet resulted in higher interest rates. a lot of people might say, look, who cares? let's be complacent. let's not worry about another downgrade. who cares? do people get it, in washington, that's it's important? >> it almost seems to be an afterthought in all of the chest thumping and bargaining, no one is thinking about it because the short-term impact of a default would be extraordinary. maybe we shouldn't call this the debt ceiling at all. maybe we should change it the do downgrade ceiling because this game of chicken is sick. >> sometimes semantics can make all the difference. >> "outfront" next, a legendary hacker and activist commits suicide and his parents blame the government. >> and the lance armstrong apology tour has officially begun, but is he really coming clean. what he said and did not say today. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money t
economy was a huge problem. of course, it hasn't yet resulted in higher interest rates. a lot of people might say, look, who cares? let's be complacent. let's not worry about another downgrade. who cares? do people get it, in washington, that's it's important? >> it almost seems to be an afterthought in all of the chest thumping and bargaining, no one is thinking about it because the short-term impact of a default would be extraordinary. maybe we shouldn't call this the debt ceiling at...
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Jan 21, 2013
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our economy was in shambles. i watched him make a series of decisions very quickly to stand up to financial industry, the recovery act, to intervene on the auto industry. not any one of them was popular. he knew it was what we had to do to right the country. it is worth noting how far we've come. we're in a different place than we were four years ago. >> the last election he hadn't made any mistakes. now you've won that second term. you can be a little more honest about where he could have gone further and didn't or where he regrets not going further. >> i'm going to point to his own words. he believes he could have done a better job communicating with the american people. we've been talking about what we were dealing with. the financial crisis, the economic crisis, building a new administration. we had our hands full. i think frying ing trying to g that done and take the emergency steps to sure up our banks, some things were lost in there including communicating with the american people but why we were taking th
our economy was in shambles. i watched him make a series of decisions very quickly to stand up to financial industry, the recovery act, to intervene on the auto industry. not any one of them was popular. he knew it was what we had to do to right the country. it is worth noting how far we've come. we're in a different place than we were four years ago. >> the last election he hadn't made any mistakes. now you've won that second term. you can be a little more honest about where he could...
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Jan 17, 2013
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the economy is growing. instead of contracting. in the first quarter of 2009, the gdp contracted 5.3%. it grew 3.1% when the last time it was officially measured. though remains below where it was before the great recession, consumer confidence has nearly doubled. and a larger percentage of americans, 41%, according to our last poll, believe the country is headed in the right direction, up from 26% in january, 2009. on the other hand, there is plenty of data to support the idea that the drink country is not better off than it was four years ago. and that the struggling economy continues to take a toll on families. median household income is lower than it was in 2009. and 46 million americans live below the poverty line. several million more than four years ago. the federal public debt has increased from 10.6 trillion in january 2009 to 16.4 trillion now. then there's the big number that's exactly the same as it was four years ago. the unemployment rate. 7.8%. though it's down from, of course, a high of 10% in october of 2009. few o
the economy is growing. instead of contracting. in the first quarter of 2009, the gdp contracted 5.3%. it grew 3.1% when the last time it was officially measured. though remains below where it was before the great recession, consumer confidence has nearly doubled. and a larger percentage of americans, 41%, according to our last poll, believe the country is headed in the right direction, up from 26% in january, 2009. on the other hand, there is plenty of data to support the idea that the drink...
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. >> that would be a financial disaster, not only for our country but for the worldwide economy. i don't think it is a question that is even on the table. >> and the last question of his press conference, the president was asked if he may be more successful with some of the nuts you just heard from if he spent more quality time with them. >> you and your staff are too insular, that you don't socialize enough. >> this, of course, is one of the great myths of governing, that intractable problems, political problems, can somehow be solved over a card game and a couple of drinks. that has never, ever been the case nor will it ever be the case. >> i like speaker boehner personally. and you know, when we went out and played golf we had a great time. but that didn't get a deal done in 2011. >> the president actually had to remind the media that congressional behavior is the result of democracy. >> now if the american people feel strongly about these issues and they push hard and they reward, or don't reward members of congress with their votes, if -- you know if -- if they reject sort o
. >> that would be a financial disaster, not only for our country but for the worldwide economy. i don't think it is a question that is even on the table. >> and the last question of his press conference, the president was asked if he may be more successful with some of the nuts you just heard from if he spent more quality time with them. >> you and your staff are too insular, that you don't socialize enough. >> this, of course, is one of the great myths of governing,...
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other factor, too, is we can't forget that one of the best anecdotes to a deficit is a strong, growing economy, particularly growing jobs. and so there are things we have to do to grow jobs. >> i think everybody agrees on the jobs front. anyway, senator jack reed, democrat from rhode island, the senior man when it comes to military affairs in the u.s. senate these days. thank you, sir. >> thank you. >>> up next, the presidential limo gets tagged a political punch. and the second term shuffle continues. another cabinet secretary announces his time for departure. >>> plus, former president bill clinton speaks out on secretary clinton's health and how it could affect any ambitions she might have for 2013. >>> but first, today's trivia question. how many presidents have been inaugurated in an even-numbered year? tweet me the answer, @chucktodd and @dailyrundown. the first correct answer gets a follow we say from us. the correct answer and more is coming up on t"the daily rundo " rundown." nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for m
other factor, too, is we can't forget that one of the best anecdotes to a deficit is a strong, growing economy, particularly growing jobs. and so there are things we have to do to grow jobs. >> i think everybody agrees on the jobs front. anyway, senator jack reed, democrat from rhode island, the senior man when it comes to military affairs in the u.s. senate these days. thank you, sir. >> thank you. >>> up next, the presidential limo gets tagged a political punch. and the...
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house or in the senate who broke ranks publicly and said actually, purposefully driving the american economy into a ditch to make a point that even we don't understand and that is against the constitution, that might not be a great idea. nobody broke ranks when the republicans did this in 2011. nobody on the republican side. but today on the republican side somebody did. today republican senator lisa murkowski of alaska broke ranks. she gave an interview to her hometown newspaper in alaska, she says she disagrees threatening the country with default. quote, murkowski is breaking rank, saying the country has a duty to assure it pays its bills. murkowski said not all of her colleagues in the senate will say it out loud, but she believes most agree that failing to raise the debt limit would harm perception of the country. quote, if you incur an obligation, you have a responsibility to pay for that, murkowski said. time is going the tell if lisa murkowski is the first republican to break ranks or if she is the only republican to break with republican leadership on this issue. but the fact that s
house or in the senate who broke ranks publicly and said actually, purposefully driving the american economy into a ditch to make a point that even we don't understand and that is against the constitution, that might not be a great idea. nobody broke ranks when the republicans did this in 2011. nobody on the republican side. but today on the republican side somebody did. today republican senator lisa murkowski of alaska broke ranks. she gave an interview to her hometown newspaper in alaska, she...
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the damsell in this case representing our entire economy. yes, we tied a woman to the track. to force us to deal with the train. so the stage was set for serious people to arrive at a serious solution. seriously. >> a lot of partisan rhetoric on both sides, talks on the fiscal cliff are now at a standstill. (train whistle) >> jon: train the president's proposal would raise tacks on families earning $4,000 a year and higher. that's up from $250,000 he initially proposed while cutting $930 billion in spending >> jon: an opening bid and only 13 days until the train run over that woman >> boehner argues taxes and cuts need to be equal. he is moving ahead with a tomorrow on what he calls plan-b. >> jon: plan-b? the morning after bill? ( cheers and applause ) plan-b is the bill you introduce to mitigate your previous session's irresponsible behavior. let's hear it >> republican bill that would prevent income taxes from going up on january 1 for anyone making less than $1 million a year. >> jon: you mean everybody? all right. it's a starting point. as we discussed earlier someone ha
the damsell in this case representing our entire economy. yes, we tied a woman to the track. to force us to deal with the train. so the stage was set for serious people to arrive at a serious solution. seriously. >> a lot of partisan rhetoric on both sides, talks on the fiscal cliff are now at a standstill. (train whistle) >> jon: train the president's proposal would raise tacks on families earning $4,000 a year and higher. that's up from $250,000 he initially proposed while cutting...
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how do we move forward and talk about building this economy up bottom up instead of artificially from washington? that's what republicans are talking about. i think you're going to see a very different generation of republican in two years. >> guys, stand -- quickly? >> i was going to say, i wonder when they had that seminar for women whether they talked about not having washington make decisions for them. that would be a step forward for the republican party. >> it's something to talk about and i think they had that one in the ward cleaver room. >> already. stand by for a moment. a moment you've all been waiting for, alec castelannaos is going to do what david axelrod did. take a look at that mustache. that mustache that he's had for, what, 41 years -- that beautiful mustache is about to go but for a very good cause. stand by. push-ups or sprints? what's wrong with fetch? or chase? let's do this larry! ooh, i got it, i got it! (narrator) the calorie-smart nutrition in beneful healthy weight... includes grains and real chicken, because a healthy dog is a playful dog. beneful healthy w
how do we move forward and talk about building this economy up bottom up instead of artificially from washington? that's what republicans are talking about. i think you're going to see a very different generation of republican in two years. >> guys, stand -- quickly? >> i was going to say, i wonder when they had that seminar for women whether they talked about not having washington make decisions for them. that would be a step forward for the republican party. >> it's...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. what's good for the pot... is even better for the cup. new single serve cafe collections from maxwell house. now available for use in the keurig k-cup brewer. always good to the last drop. now available for use in the keurig k-cup brewer. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. capella university understands bright students are getting lost in the shuffle. need. and administration's work gets more complex every year. when you look at these issue
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. what's good for the pot... is even better for the cup. new single serve cafe collections from maxwell house. now available for use in the keurig k-cup...
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and two, perhaps pushing wound after wound on the economy is really not what folks sent us here to do. >> and ryan, the funny thing about this, this can end up being perceived as some sort of republican cave when they never should have taken a party position against raising the debt ceiling in the first place. so that doing the rational thing could actually simply look rational when they chose to do it. >> right, exactly. they -- if they had never made a big deal about this to begin with then they wouldn't be in this situation. now, obama kind of aided and abetted them because he wanted it to be the debt ceiling leverage that he kind of wanted this grand bargain in 2011. that never happened. since then, he has been consistent saying i am not going to mess around with the debt ceiling anymore. and good for him on that, you're right. as newt gingrich said, wisely and moderately and reasonably, he said don't pick this fight because you're going to lose it. don't create a national crisis around this that will only wind up with you caving. so just do it quietly, early, the sooner you do it
and two, perhaps pushing wound after wound on the economy is really not what folks sent us here to do. >> and ryan, the funny thing about this, this can end up being perceived as some sort of republican cave when they never should have taken a party position against raising the debt ceiling in the first place. so that doing the rational thing could actually simply look rational when they chose to do it. >> right, exactly. they -- if they had never made a big deal about this to begin...
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economy at risk if they don't get their way on spending cuts. he is not why the white house partnered with gun legislation, no matter how small, is tantamount to taking away guns, he is not why extreme movements like extreme ideas like going back to a gold standard in the middle of an economic crisis have taken root on the right. this country needs and deserves a better republican party. and there are a lot of people in the republican right now who want a better republican party who are trying to push it there. those people, i think include key leaders in the party, like the house republican leaders this week who are trying to talk their members down from the ledge. they include folks like david brooks who in saying that republicans look deeply unreasonable, they are telling republicans you are being unreasonable. you need to move to the center. the structure of their argument a bit weird, but they're pushing in the right direction. for the republican party to fix itself will require a painful process, in which insane voices stare up and stare d
economy at risk if they don't get their way on spending cuts. he is not why the white house partnered with gun legislation, no matter how small, is tantamount to taking away guns, he is not why extreme movements like extreme ideas like going back to a gold standard in the middle of an economic crisis have taken root on the right. this country needs and deserves a better republican party. and there are a lot of people in the republican right now who want a better republican party who are trying...
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it is hip critical, and it is what is wrong with washington and it will fundamentally hurt our economy to make some cheap partisan hypocritical political points. >> congressman, i want to ask you about sandy because there's a vote on the house floor tonight, as you well know, and it is a very strange procedure that came out of the rules committee where he are going to have the base vote first and then the amendments. tell me how you think this is going to work for the community you represent. >> look, i'm not interested in a procedure. i'm interested in the outcome. >> what will the outcome be? >> i'm interested in the solution. the solution i hope will be a bipartisan vote to get this done. i have constituents who are still suffering. businesses that are still hurting. homeowners and renters who still need help. it is one thing to be devastated by a weather storm. it's another thing to be devastated by a political storm. i have been working with congressman peter king. with two county executives. county executive malone and dann. we have been working together. here's where i think we
it is hip critical, and it is what is wrong with washington and it will fundamentally hurt our economy to make some cheap partisan hypocritical political points. >> congressman, i want to ask you about sandy because there's a vote on the house floor tonight, as you well know, and it is a very strange procedure that came out of the rules committee where he are going to have the base vote first and then the amendments. tell me how you think this is going to work for the community you...
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Jan 21, 2013
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it drags more on the economy now h than it has at that point. you heard democrats talk about that you need another couple interesting in order to avoid the 90 percent threshold. ab september that i don't see that he is going to be the one to lead on those issues. >> second term, though, this is what we are talking about. second term. you are talking about the president he has an opportunity to do something the art sent employees have never had a chance to take a risk go big go bold. one of those things has to do with spending. if not the kind of spending cuts which they envision which is chop off a certain percentage of this and that it's the trajectory of spending. these are steps he is willing to take. i know my friend bret baier is going to say juan he never said this publicly but it has been reported in many corridors he said he would be willing to do something in terms of the cpr. >> could he get his democratic caucus to sign on to it? >> if it was mentioned in the halls there was an uproar to the democrats. >> that's why i say go big and b
it drags more on the economy now h than it has at that point. you heard democrats talk about that you need another couple interesting in order to avoid the 90 percent threshold. ab september that i don't see that he is going to be the one to lead on those issues. >> second term, though, this is what we are talking about. second term. you are talking about the president he has an opportunity to do something the art sent employees have never had a chance to take a risk go big go bold. one...
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but egypt's economy is on the ropes. across the region, political storm clouds ar gathering as iran, israel and eight arab countries hold crucial elections this year. >> in every one of them, a new form of right, far, far right is emerging as to change the balance of power. >> reporter: in his first term, barack obama said he was making the middle east peace process a priority, but middle east expert aaron david miller says don't get your hopes up for this term. >> the fact is if you -- if the administration tried to put mahmoud abbas and benjamin netanyahu down together, right now, or in february, at the negotiating table, the gaps between them are so large that they simply cannot be bridged and the u.s., yet again, will be revealed as an emperor without clothes. >> and when we come back, we'll talk to chris lawrence from the pentagon, get new information here about this hostage situation in algeria. this is this north african country where we're now hearing, confirmed by the state department, 40 hostages, being called
but egypt's economy is on the ropes. across the region, political storm clouds ar gathering as iran, israel and eight arab countries hold crucial elections this year. >> in every one of them, a new form of right, far, far right is emerging as to change the balance of power. >> reporter: in his first term, barack obama said he was making the middle east peace process a priority, but middle east expert aaron david miller says don't get your hopes up for this term. >> the fact is...
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Jan 20, 2013
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you have to have growth of the economy, but i need to see policies will actually do that. we don't see them now. >> i spoke with david plouffe in the segment before this. he said that he is confident there are enough vote he is in the huntsd requisite 60 votes in the senate to pass universal background checks for gun owners and limiting the clips, those high-capacity magazine clips that i can fire off so many rounds to 10 and under. do you think that's so? do you think congress would pass a ban on those clips i with ten or over and a universal background check is that gonna happen? >> no, i don't think it will. candy, that gets beside the major issues this face american families you can jobs and the economy and the debt and spending that's where people are focused. that's the big anxiety of this country. >> sure, i agree with you, but as you know, you deal with a lot of things up there and the white house, people and their families deal with a loft things, one of the things out there are is gun control of some sort, addresses newtown, gun control or better access to mental
you have to have growth of the economy, but i need to see policies will actually do that. we don't see them now. >> i spoke with david plouffe in the segment before this. he said that he is confident there are enough vote he is in the huntsd requisite 60 votes in the senate to pass universal background checks for gun owners and limiting the clips, those high-capacity magazine clips that i can fire off so many rounds to 10 and under. do you think that's so? do you think congress would pass...